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you heard john boehner willing to accept new revenue. heaharry reid in the senate, saying you can't push us around anymore. is this language that begins compromise. >> it will begin compromise, but it may be far more horrowing. it may be it takes place next year, rather than this year. the problem is john boehner himself has one more election. he wants to be re-elected as speaker of the house. that does not take place until january 3, 2013. if he cuts a deal with barack obama, he faces a serious revolt in his own caucus. >> tom: is your caution then don't expect a fiscal clip solution before january 3rd? is that what investors to expect? >> the best way out of this impasse for the time being, is gracious gesture for the president-elect, re-elect, president obama, he should offer to extend the tax cuts perhaps until march of next year. giving john boehner an opportunity to win his own re-election, and gather some goodwill on the republican side of the aisle. if mr. obama doesn't see it that way, we're in for a rough ride until next januar
you heard john boehner willing to accept new revenue. heaharry reid in the senate, saying you can't push us around anymore. is this language that begins compromise. >> it will begin compromise, but it may be far more horrowing. it may be it takes place next year, rather than this year. the problem is john boehner himself has one more election. he wants to be re-elected as speaker of the house. that does not take place until january 3, 2013. if he cuts a deal with barack obama, he faces a...
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Nov 14, 2012
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john boehner still in the house. you are still at the treasury. the president is back in the office. harry reid is in the senate with more seats -- why should i believe this will end any more positively than the summer of 2011? >> i will not try to talk to about optimism, but let's look at what has changed. you have republican leadership acknowledging relief for the first time in this debate in public that they would agree to increase revenues as part of an agreement to help restore fiscal balance. that is a very important change. you could debate what has motivated that change, and of course it is true that that approach has very popular substantial support among the american people. you have a much greater recognition that the economy would benefit from a carefully designed balanced agreement on fiscal reform. putting that off indefinitely is not good for the country. that is important, too. i think, again, if you listen carefully to what people are saying and what many politicians are saying, there is a lot of consensus on the things that would
john boehner still in the house. you are still at the treasury. the president is back in the office. harry reid is in the senate with more seats -- why should i believe this will end any more positively than the summer of 2011? >> i will not try to talk to about optimism, but let's look at what has changed. you have republican leadership acknowledging relief for the first time in this debate in public that they would agree to increase revenues as part of an agreement to help restore...
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martha: what about john boehner's role in all of this? i'm curious about who the faces and voices are that we'll be watching closely as they try to hash this out. >> john boehner is also a very fine man, and congressman from ohio, good family, good background, good man. he's in a very tough spot. he could do a compromise without getting the agreement of people like cantor and ryan, he could do it, but i think he'd be very mistaken to do that. he could get 50, 60, 70 republicans in the house to move and vote with the democrats, but i don't think he should do something like that. i think the republicans should stick to their principles, free market, progrowth supply side economics and let the chips fall where they may and that's what i think john boehner should do. martha: thank you, art. saying that people involved are good men and they should be able to get in there and work this out and it wasn't a bad election to lose and you're optimistic about the future. bill: you know what didn't stop throughout the elections. martha: what? bill: ca
martha: what about john boehner's role in all of this? i'm curious about who the faces and voices are that we'll be watching closely as they try to hash this out. >> john boehner is also a very fine man, and congressman from ohio, good family, good background, good man. he's in a very tough spot. he could do a compromise without getting the agreement of people like cantor and ryan, he could do it, but i think he'd be very mistaken to do that. he could get 50, 60, 70 republicans in the...
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yesterday john boehner did just that. he said that the republicans are willing to accept new revenue under the right conditions to get a deal. harry reid extraordinarily was talking about dancing and fighting, which is his way of saying he's ready to make some sort of a deal as well. but like gretchen said a minute ago, there is a big selloff on wall street yesterday because people on wall street feel that we are much closer to going off the fiscal cliff than before the election. >> gretchen: even if get a decision here, any kind of an agreement, bipartisanship, whatever you want to call it, it's only going to be short-term. this is not a -- nobody is paying attention to erskine bowls and that whole debt reduction plan. nope of the this is just going to be another stop gap measure. how do you feel about that? is that really bipartisanship for the long-term? are we really going to face all of these issues with both parties? >> brian: erskine bowls wrote a column today and said this is the perfect time to act. boehner said
yesterday john boehner did just that. he said that the republicans are willing to accept new revenue under the right conditions to get a deal. harry reid extraordinarily was talking about dancing and fighting, which is his way of saying he's ready to make some sort of a deal as well. but like gretchen said a minute ago, there is a big selloff on wall street yesterday because people on wall street feel that we are much closer to going off the fiscal cliff than before the election. >>...
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Nov 11, 2012
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we've heard from john boehner, we've heard from the president. we are lacking details, but it seems to me we're ahead in this conversation than we have been in the last six months. where do you see this going as the guy who looks into the credit risk of everybody in the world? >> i want to extrapolate, ali, from every experience in california. we voted for higher taxes in order to fund better education. and i think people are recognizing that fiscal sustainability has a newman rart and a deno, ma'minator. the numerator is about sustaining growth and paying debts. i think it's known that we need to establish both. it's not going to be a big jump, and i think richard is correct in reminding us this is a long haul, and let's focus on both the numerator and the denominator. >> the point steven has just made, and i will point out as well, you cannot have it both ways. you cannot remind us on the one hand that there is a $1.6 trillion deficit and on the other hand say we won't have tax raised. >> this is america. we've been doing that for 25 years. >>
we've heard from john boehner, we've heard from the president. we are lacking details, but it seems to me we're ahead in this conversation than we have been in the last six months. where do you see this going as the guy who looks into the credit risk of everybody in the world? >> i want to extrapolate, ali, from every experience in california. we voted for higher taxes in order to fund better education. and i think people are recognizing that fiscal sustainability has a newman rart and a...
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Nov 10, 2012
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john boehner will accept higher tax revenues but not higher tax rates. explain that. >> you do that two-ways. it's no the that kblikted. first, you have to get the economy growing faster. we all agree that the best way to bring this deficit down is to get the growth back up to 3% to 4% to 5%. number two, when we talk to republicans, what they tell me, ali, i had a discussion with mitch mcconnell on this, he said we're willing to put the high revenues on the table. we're willing to get -- close the loopholes and the tax system, get rid of a lot of the carveouts. and a lot of those carveouts the people who benefit from those are rich people. i think republicans are willing to compromise on this. i have to say this. i'm frustrated with all of you on this because, yes, we have a fiscal cliff that's going to hit on january. but let's not forget the whole context of this. we are running $1.2 trf did he ever sits. >> david walker is banging on this drum as well. >> the key is we have to avoid the fiscal cliff. we also have to address the much bigger fiscal abys
john boehner will accept higher tax revenues but not higher tax rates. explain that. >> you do that two-ways. it's no the that kblikted. first, you have to get the economy growing faster. we all agree that the best way to bring this deficit down is to get the growth back up to 3% to 4% to 5%. number two, when we talk to republicans, what they tell me, ali, i had a discussion with mitch mcconnell on this, he said we're willing to put the high revenues on the table. we're willing to get --...
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. >> reporter: from speaker of the house john boehner, to the newly re-elected president, an olive branch. >> mr. president, the republican majority here in the house stands ready to work with you. >> reporter: they better work together. if they don't strike a deal to cut the deficit in just 55 days, by law, we face the so-called fiscal cliff, taxmaggedon, a mix of tax increases and defense spending cuts that would likely plunge the economy back into recession. and give a big tax hike for virtually every family in america starting january 1st. the president has insisted and campaigned on raising tax rates on the wealthy. house republicans campaigned on no tax increases and they won, too. today, from boehner, a hint at a willingness to compromise. >> we want you to succeed. let's challenge ourselves to find the common ground that has eluded us. let's rise above the dysfunction and do the right thing together for our country. >> reporter: the newly elected congress looks almost exactly like the last one. the same partisan divisions, maybe even a little bit deeper, that led to failure last t
. >> reporter: from speaker of the house john boehner, to the newly re-elected president, an olive branch. >> mr. president, the republican majority here in the house stands ready to work with you. >> reporter: they better work together. if they don't strike a deal to cut the deficit in just 55 days, by law, we face the so-called fiscal cliff, taxmaggedon, a mix of tax increases and defense spending cuts that would likely plunge the economy back into recession. and give a big...
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Nov 16, 2012
11/12
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he meets with harry reid, mitch mcconnell, john boehner and in an say palau and i. in an say pelosi. speaking on on thursday, simpson and bowles said washington hasn't been able to resolve the fiscal cliff because lawmakers haven't been focused on what's right for the country. >> leaders think it would be to their advantage to go off the fiscal cliff. what a wonderful trait that is, that we can win more as democrats if we let it go or more as complains. people are sick of that and they're ashamed of it. >> if we do get our house in order, future of america is really bright. if we don't, we're well on our way it to becoming a second rate power. >> bowles sees a one third chan of a deal during the lame duck session of congress. a one third chance nothing gets done and the economy moves into chaos. let's hear in michael gurhka. the economy moving in to chaos, is that why we're seeing this market action? >> i'm not surprised because on the equity side, it's always about confidence and right now a lot of politicians have not given the market any confidence whatsoever. so
he meets with harry reid, mitch mcconnell, john boehner and in an say palau and i. in an say pelosi. speaking on on thursday, simpson and bowles said washington hasn't been able to resolve the fiscal cliff because lawmakers haven't been focused on what's right for the country. >> leaders think it would be to their advantage to go off the fiscal cliff. what a wonderful trait that is, that we can win more as democrats if we let it go or more as complains. people are sick of that and they're...
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he called house speaker john boehner yesterday. house leaders from both parties conceding tuesday's election was a call to compromise. >> there's an alternative to going over the fiscal cliff. by working together and creating a fairer, simpler, cleaner tax code, we can give our country a stronger, healthier economy. a stronger economy means more revenue, which is what the president seeks. >> this isn't something that i'm going to draw the lines in the sand, he's not going to draw any lines in the sand, i don't believe, and i think we need to work together. >> the ceo of a global asset management firm put the odds at 30 to 40% that the u.s. will fall off the fiscal cliff. let's hope he's wrong. >>> governor john hickenlooper of colorado says don't break out the cheetos or the goldfish, at least not yet, after voters passed a ballot measure legalizing the recreational use of marijuana. that's setting up a looming legal battle with the justice department. we have this statement from the dea. "the drug enforcement administration's enfo
he called house speaker john boehner yesterday. house leaders from both parties conceding tuesday's election was a call to compromise. >> there's an alternative to going over the fiscal cliff. by working together and creating a fairer, simpler, cleaner tax code, we can give our country a stronger, healthier economy. a stronger economy means more revenue, which is what the president seeks. >> this isn't something that i'm going to draw the lines in the sand, he's not going to draw...
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not the president who is the problem it's john boehner's lack of control of his own party. jon: you hear john boehner telling the president to show some leadership. >> i hope he goes to his caucus and is able to corral them. >> if you want economic growth you lower taxes. jon: julie and monica, thank you. >> thank you. jon: and we'll be right back. [ man ] ring ring... progresso this reduced sodium soup says it mahelp lower cholesterol, how does it work? you just he to eat it as part of your heart healthy diet. step 1. eat the soup. all those veggies and beans, that's what may help lower your cholesterol and -- well that's easy [ male announcer ] progresso. you gotta taste this soup. jon: a fox news alert now on a deadly train crash at a parade honoring our nation's heroes. the images from midland, texas, where police say a freight train slammed into a parade float carrying wounded veterans. four people were killed. more than a dozen others injured. casey seeing fell live in midland, texas, with more on this tragedy. casey? >> reporter: yeah, jon, union pacific railroad spo
not the president who is the problem it's john boehner's lack of control of his own party. jon: you hear john boehner telling the president to show some leadership. >> i hope he goes to his caucus and is able to corral them. >> if you want economic growth you lower taxes. jon: julie and monica, thank you. >> thank you. jon: and we'll be right back. [ man ] ring ring... progresso this reduced sodium soup says it mahelp lower cholesterol, how does it work? you just he to eat it...
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does john boehner have the votes to match that? >> the white house figures he will portray himself as the chapel yofnt middle class and the republicans are going out for the rift and he feels he can largely beat hem into submission. when they sit down to the bargaining table they might make some changes but he will want to come out of these negotiations as having largely won them and leaving scraps for the republicans. what the republicans have to hit back with is the way you increase revenues is by having rising incomes. you don't get that by higher taxes on a weakening economy. bill: the president plans to open the talks using his most recent budget proposal. wasn't that the budget that got zero votes in the senate? >> he's going to exploit it for all it's worth. you could come to an agreement using bowles and simpson and reducing rates so everyone declares victory. you have got more revenue but the rates don't go up. but i don't think the president is interested in that. if you had normal people doing this. this president web ma
does john boehner have the votes to match that? >> the white house figures he will portray himself as the chapel yofnt middle class and the republicans are going out for the rift and he feels he can largely beat hem into submission. when they sit down to the bargaining table they might make some changes but he will want to come out of these negotiations as having largely won them and leaving scraps for the republicans. what the republicans have to hit back with is the way you increase...
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what did john boehner say yesterday? was he signaling a deal, was he opening the door or is the door still slammed shut for these two parties to reach an agreement before year end? >> after having watched the white house and republicans in congress bludgeon each other to death for the last two years on the deficit, yesterday the whous said they wanted to work with the republicans, they didn't draw a line in the sand. and speaker boehner had much the same thing to say. he said he wants on to get a deal. i think both the white house and republicans are looking for a way out of this at this point and they can't cave immediately. there will probably be points where it look tsz like the wheels have come off, but i think the initial rhetoric was all positive. they're looking to reach out and cut some sort of deal and talks have already begun. >> you singled out two important phrases, one being new revenue and the other being reform. again, do these signal the gop is moving towards some sort of agreement with obama and what are
what did john boehner say yesterday? was he signaling a deal, was he opening the door or is the door still slammed shut for these two parties to reach an agreement before year end? >> after having watched the white house and republicans in congress bludgeon each other to death for the last two years on the deficit, yesterday the whous said they wanted to work with the republicans, they didn't draw a line in the sand. and speaker boehner had much the same thing to say. he said he wants on...
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i thought john boehner said it right, we are inviting you to lead. >> greta: the thing that cannot be ignored is that we are a year past, when we knew the committee or limp a year -- almost a year past. and if leadership is what was needed and if you sign that to president obama, he hasn't done that. we are pushed up a -- against a deadline with very serious decisions. do you think the house and the senate and the president will resolve this by january 1? or are they going to kick it down the road again? >> congress has a long history of preferring to kick the can down the road. there is no question about that. however, this is a much more serious thing that they have come up against than i have ever seen before, in terms of the budget and then the fiscal cliff. what do i think will happen? hopefully, they will agree on a framework. you are not going to do tax reform in the next 6 or 8 weeks. you are not going to do entitlement reform in the next 6 or 8 weeks. i think what we should hope for, that they get serious together, see a path and say, okay, we are going to take whatever the s
i thought john boehner said it right, we are inviting you to lead. >> greta: the thing that cannot be ignored is that we are a year past, when we knew the committee or limp a year -- almost a year past. and if leadership is what was needed and if you sign that to president obama, he hasn't done that. we are pushed up a -- against a deadline with very serious decisions. do you think the house and the senate and the president will resolve this by january 1? or are they going to kick it down...
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mitch mcconnell has certainly got john boehner's back. he agrees. he says, quote, one issue i've never been conflicted about is taxes. i wasn't sent to washington to raise anybody's taxes to pay for more wasteful spending. and this election doesn't change my principles. that the president and the folks in the white house have to think about. since they are intent on raising taxes, the congressional budget office says hold the phone. not so fast because if the taxes all get hiked up as they're going to at the end of the year unless there is some sort of a change and they come to an agreement, there would wind up being a recession in this country one year from right now, unemployment would be above 9% and the economy, they say, would contract by about a half a percent when it comes to the gdp. those are two very sobering numbers. in other words, if they can figure a way to do something about the debt problem and also about stuff we were just talking about right there, you know, as we got up to the cliff, we'll have a way down. but you've got to addres
mitch mcconnell has certainly got john boehner's back. he agrees. he says, quote, one issue i've never been conflicted about is taxes. i wasn't sent to washington to raise anybody's taxes to pay for more wasteful spending. and this election doesn't change my principles. that the president and the folks in the white house have to think about. since they are intent on raising taxes, the congressional budget office says hold the phone. not so fast because if the taxes all get hiked up as they're...
WHUT (Howard University Television)
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obama and house speaker john boehner are due to begin negotiations friday on averting the so-called fiscal cliff of expiring tax cuts and automatic spending reductions set to take effect at the end of the year. speaking in washington, treasury secretary timothy geithner stressed the urgency of reaching a deal. >> i know the cliff is unattractive. it would cause a lot of damage to the american economy. a careful about those who argue and urge for "let's just extend while we negotiate." it will leave a different source of uncertainty on the table, like what would give the people the incentive to come back and do something tough. >> millions of workers in europe have joined a general strike today protesting the wave of spending cuts and tax hikes that has swept the continent in the name of austerity. spanish and portuguese workers are coordinating their strike with work stoppages also planned in greece, italy, france and belgium. we will have more on the strike after headlines. closing arguments have ended in a pretrial hearing to determine whether u.s. staff sergeant robert bales will face a
obama and house speaker john boehner are due to begin negotiations friday on averting the so-called fiscal cliff of expiring tax cuts and automatic spending reductions set to take effect at the end of the year. speaking in washington, treasury secretary timothy geithner stressed the urgency of reaching a deal. >> i know the cliff is unattractive. it would cause a lot of damage to the american economy. a careful about those who argue and urge for "let's just extend while we...
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. >> speaker john boehner offered what he considers a balanced approach generating the revenue from tax reform and entitlement reform. late today, boehner said the president's position is flawed. >> we are not going to hurt our economy an make job creation more difficult. which is exactly what that plan would do. >> letter sent by the u.s. chamber of commerce and signed by 232 organizations calls on the president and congress to immediately extend all the tax cuts and find other cuts to replace sequestration. the president suggested taking a closer look at reforming entitlements without offing details and says he would like to simplify the tax code. mr. obama says he wants congress to act now to extend tax cut for middle class and try to avoid boxing himself in on upcoming negotiation. >> i'm open to come plo mize and new ideas. i have been encouraged for republicans to agree to more revenue as part of the arithmetic if we are serious to reduce deficit. >> the top republican in senate who is a key player in upcoming talks says raising taxes on the upper income americans does not add up.
. >> speaker john boehner offered what he considers a balanced approach generating the revenue from tax reform and entitlement reform. late today, boehner said the president's position is flawed. >> we are not going to hurt our economy an make job creation more difficult. which is exactly what that plan would do. >> letter sent by the u.s. chamber of commerce and signed by 232 organizations calls on the president and congress to immediately extend all the tax cuts and find...
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boehner signaling he may be ready for a deal. so conservatives are warning while the president does not have to face the voters again, congressional democrats will in two years. tax hikes could come back to haunt them. >> i think he is going to require increase in tax rate on wealthy. that is his downfall. that is just makes no sense whatsoever. the wealthy are the people who hire everyone else. you can't love jobs and hate job creators. >> white house officials note the president campaigned on raising taxes and he won so he thinks he can sell it to the congressional democrats. meanwhile, the white house officials tonight say he will make the first post-election statement at the white house. tomorrow afternoon, talk about the economy, fiscal cliff. it doesn't look like he will take questions, not a full scale. post election news conference, though. it may be coming soon. >> bret: we'll cover it live on fox. thanks. what is the most pressing issue right now for president? let me know on twitter. follow me. @bretbaier. we kept you
boehner signaling he may be ready for a deal. so conservatives are warning while the president does not have to face the voters again, congressional democrats will in two years. tax hikes could come back to haunt them. >> i think he is going to require increase in tax rate on wealthy. that is his downfall. that is just makes no sense whatsoever. the wealthy are the people who hire everyone else. you can't love jobs and hate job creators. >> white house officials note the president...
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i heard john boehner talk about that earlier today. certainly the president has consistently stressed that point. look, i feel like there is a pinprick of light here, and i know we can argue about how get there, whether it's broader base, higher rates, and clearly the president is on a different side than you guys. but that ought to be something we can sit down at the table and hammer out. >> steve moore, let me go to you on this. first of all, get your take on what president obama said. very interesting he said that. second of all you've got speaker john boehner being very conciliatory. but third of all, steve, i still don't hear anybody talking about cutting spending. i never hear about spending cuts. what's your take? >> i like the idea of the fiscal cliff. i think we should do the sequester. but i think the failure of barack obama's first term was that he tried to do everything with only democratic votes. you know, he tried to pass the -- he passed the stimulus with only democratic votes, the big health care bill with democratic vo
i heard john boehner talk about that earlier today. certainly the president has consistently stressed that point. look, i feel like there is a pinprick of light here, and i know we can argue about how get there, whether it's broader base, higher rates, and clearly the president is on a different side than you guys. but that ought to be something we can sit down at the table and hammer out. >> steve moore, let me go to you on this. first of all, get your take on what president obama said....
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he said let john boehner be john boehner he can negotiate a deal with the president without getting pressure from tea party caucus members. guest: i agree. let john boehner be in a position to negotiate from a position of strength not from a position of looking over his shoulder and having to second guess and ultimately a position of weakness going into these talks with the president. the spt emboldened and he could say john boehner i don't need you and if you keep this i'm going to run against your entire congress and all of you are going to be gone. he's looking at the longer ball as well. you have all these house members who will be in their fourth year by the time they get to 2014 and if there has been no movement. if the country perceives republicans are not working trying to resolve the problems, then guess what happens in two years. the public will turn and say that's it. we're just going to go in a completely different direction. so boehner needs the short term and long term opportunity to position the party on policy so that they can art cue late what we believe whether it's on taxe
he said let john boehner be john boehner he can negotiate a deal with the president without getting pressure from tea party caucus members. guest: i agree. let john boehner be in a position to negotiate from a position of strength not from a position of looking over his shoulder and having to second guess and ultimately a position of weakness going into these talks with the president. the spt emboldened and he could say john boehner i don't need you and if you keep this i'm going to run against...
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naftali, we saw john boehner come out today and say-- sound like he was finding middle ground. we heard the president call john boehner and harry reid and sound like he was extending some sort of-- i don't know, the day after the election-- olive leaf. is that true? >> i think so. it was really striking to see the conciliatory language on both sides, particularly with speaker boehner who was very careful in the words he used. he used a teleprompter, something he doesn't usually do as though to make sure he used the right language and took no questions from reporters. early opoliticians know voters want compromise, they want concillation. so the first thing out of the box was to talk in that kind of way. what we don't know is whether they're saying that because they think that's what voters want to hear or whether it's going to lead to an actual middle ground. >> ifill: it's not like the fiscal cliff issue-- which we have talked about on this program a lot-- is something that came out of nowhere. both side, the romney campaign, and the obama campaign, though they didn't talk abo
naftali, we saw john boehner come out today and say-- sound like he was finding middle ground. we heard the president call john boehner and harry reid and sound like he was extending some sort of-- i don't know, the day after the election-- olive leaf. is that true? >> i think so. it was really striking to see the conciliatory language on both sides, particularly with speaker boehner who was very careful in the words he used. he used a teleprompter, something he doesn't usually do as...
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now, john boehner had something to say today about revenue. by revenue, everybody, we're talking about, well, that's the whole point. there's different things we could be talking about. here's john boehner. >> there will be many who will say that with the election over, we should confront the first of these challenges by letting the top two tax rates expire and pushing the sequester off. it won't get us out of the problem and it will also hurt our economy. because the american people expect us to find common ground, we're willing to accept some additional revenues via tax reforl. >> now, when i hear that, i don't hear i'm okay letting taxes go up on some people. i hear i'm okay closing loopholes and deductions where some high income earners may pay more than others. is that a deal you could work with? >> the question is is, what is speaker boehner saying? he really talking about a balanced approach or what he used to talk about and republicans have claimed, which is another round of tax breaks for wealthy people will somehow trickle down, magi
now, john boehner had something to say today about revenue. by revenue, everybody, we're talking about, well, that's the whole point. there's different things we could be talking about. here's john boehner. >> there will be many who will say that with the election over, we should confront the first of these challenges by letting the top two tax rates expire and pushing the sequester off. it won't get us out of the problem and it will also hurt our economy. because the american people...
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Nov 9, 2012
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you've got to respect john boehner for the following thing. he's willing to do a deal with president obama. i think they have a good personal rapport and expect the deal to get done. >> whitney, do you think if a deal includes reeve knew coming from somewhere but not a tax, would that be acceptable from the point of view that you represent? >> i suspect that it won't be and there will be increased revenues. so i think it's going to be three things. increased taxes. what that level looks at, is it 250 million or above, that's under any foesh yags right now. anthony and i were talking we're both in agreement it should be capped at $500,000. as an example and then thirdly democrats are going to have to touch the third rail for them which is entitlements which they're willing to do that, but only in the context of giving on the wealthiest side who can afford to give more. >> you have stod by the president both figuratively and literally at times on this issue. as an investor, as a hedge fund manager, what do you want to hear from the president tod
you've got to respect john boehner for the following thing. he's willing to do a deal with president obama. i think they have a good personal rapport and expect the deal to get done. >> whitney, do you think if a deal includes reeve knew coming from somewhere but not a tax, would that be acceptable from the point of view that you represent? >> i suspect that it won't be and there will be increased revenues. so i think it's going to be three things. increased taxes. what that level...
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Nov 9, 2012
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. >> jessica, we heard boehner, john boehner, actually within the last 30 minutes or so talking about that there are ways to raise revenue and spending cuts as well in a all options are on the table. do you think the white house sees that as some sort of opening, if you will, to negotiations? >> i think both sides are hopeful there is wiggle room for negotiations. everyby knowthat sething s to gone becauseh economy will take such a serious hit if it doesn't. here is where i see the battle line right now. republicans on capitol hill tell me they are willing to raise revenue. that's a big change. they are willing to raise revenue, but without a change in the tax rates. the president has said that the highest earning americans have to pay more. congressional republicans saying no change to the tax rates. that's a big difference of opinion. they'll have to find a way to bridge that divide. beyond that, they're willing to compromise on entitlements. they're willing to find cuts, so there does seem to be room for compromise. there's also a willingness to get something done and avoid the hit
. >> jessica, we heard boehner, john boehner, actually within the last 30 minutes or so talking about that there are ways to raise revenue and spending cuts as well in a all options are on the table. do you think the white house sees that as some sort of opening, if you will, to negotiations? >> i think both sides are hopeful there is wiggle room for negotiations. everyby knowthat sething s to gone becauseh economy will take such a serious hit if it doesn't. here is where i see the...
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Nov 13, 2012
11/12
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veteran john boehner has a big task ahead of him. can the house speaker pull the gop together and try to make a deal with the president on the fiscal cliff as jay leno was talking about. should he? should a deal be made? a fair and balanced debate is coming up. lots of talk how the united states will eventually be world's top oil producer. that is what some say. there are questions why it is taking so long. those stories and breaking news all "happening now." jenna: well, it is a little unbelievable, but there is lot of twists and turns in this scandal we've been following so closely surrounding former cia chief and now others. hi, everybody. glad to have you with us. i'm jenna lee. rick: happy tuesday. i'm rick folbaum in for jon. controversy over the timeline of events over the petraeus investigation with members of congress wanting to know why the fbi didn't notify them and the white house until just recently when it began months ago. that investigation far from over. fbi searching the home of petraeus's alleged mistress, paula br
veteran john boehner has a big task ahead of him. can the house speaker pull the gop together and try to make a deal with the president on the fiscal cliff as jay leno was talking about. should he? should a deal be made? a fair and balanced debate is coming up. lots of talk how the united states will eventually be world's top oil producer. that is what some say. there are questions why it is taking so long. those stories and breaking news all "happening now." jenna: well, it is a...
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Nov 8, 2012
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megyn: you're telling me john boehner's going to agree to that? >> he's agreed -- he's saying, he's making con conciliatory nos that maybe we don't mind if we get more money coming in from the rich. he wants to get rid of loopholes, but the effect is more money coming into the treasury. harry reid says tax the rich. trumka says don't cut entitlements, no, no, no, and don't worry about the deficit. you add that up, and that is a deal on the fiscal cliff, but the stock market doesn't like it, and the economy won't do well in it. that's the bottom line. megyn: all right. we'll see what they do with the fiscal cliff. they tried to fix it twice, twice they failed, now we're getting close to the deadline, and they're like, oh, we'll punt again. okay, fine. washington's going to do what it's going to do. what about obamacare? that, all sort of the bad stuff, if you will, of obamacare, the taxes, the penalties people are going to have to pay, they started in obama 2.0, and that starts in 2014. how big of an impact is that going to have? is. >> big. the re
megyn: you're telling me john boehner's going to agree to that? >> he's agreed -- he's saying, he's making con conciliatory nos that maybe we don't mind if we get more money coming in from the rich. he wants to get rid of loopholes, but the effect is more money coming into the treasury. harry reid says tax the rich. trumka says don't cut entitlements, no, no, no, and don't worry about the deficit. you add that up, and that is a deal on the fiscal cliff, but the stock market doesn't like...
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Nov 8, 2012
11/12
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house speaker john boehner said he's willing to compromise on raising some taxes. >> sounds good right? compromise. have we heard that lately? vice president joe biden says the obama administration is willing to compromise as well. the cliff is an across the board tax increase in spending cuts coupled at the same time and that's scheduled to kick in at the end of the year. economists say the impact could push america into another recession. >> the no steps are taken cuttings will cost you some real none. gary nuremberg as more on the sequestration issue. >> reporter: congress couldn't get a deal to cut the deficit. going off the fiscal cliff means crashing into your home. >> if we go over the fiscal cliff, we will increase taxes by $500 billion through 2013. that's an average tax increase of $3,500 for every household in america. >> reporter: then, there is sequestration. months can months ago congress said we'll impose automatic cuts that are so bad in january, that of course we'll cut a better deal before they kick in. they havement cut a better -- they haven't cut a better deal. >>
house speaker john boehner said he's willing to compromise on raising some taxes. >> sounds good right? compromise. have we heard that lately? vice president joe biden says the obama administration is willing to compromise as well. the cliff is an across the board tax increase in spending cuts coupled at the same time and that's scheduled to kick in at the end of the year. economists say the impact could push america into another recession. >> the no steps are taken cuttings will...
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Nov 11, 2012
11/12
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asking the two to work together as house speaker john boehner put it the day after the election. >> the american people have spoken. they reelected president obama. they have again reelected a republican majority in the house of representatives. if there's a mandate in yesterday's results, it's a mandate for us to find a way to work together on the solutions to the challenges we all face as a nation. >> the other way to interpret the results is to see them as a resounding liberal governance. a larger and apparently more democratic majority in the senate. it's how harry reid framed the results. >> we had an overwhelming re-election of the president. we picked up seats in the senate and the house. it's not the status quo. >> one thing is clear. it will not look like any congress we have ever had. the most stunning exacten is the diminishing number of white men in house of representatives. in the current house, white men were 88% compared to 53% in the caucus. for the first time ever in history, white men will make up just a minority, 46% of the democratic caucus. women will make up 30% of
asking the two to work together as house speaker john boehner put it the day after the election. >> the american people have spoken. they reelected president obama. they have again reelected a republican majority in the house of representatives. if there's a mandate in yesterday's results, it's a mandate for us to find a way to work together on the solutions to the challenges we all face as a nation. >> the other way to interpret the results is to see them as a resounding liberal...
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a lot of people, john boehner came out and said, we open the door, he's willing to work on the grand bargain. bob woodward wrote a whole book about this and how far that boehner was willing to go and not telling his top surrogates how far he was willing to go, meaning raising taxes. did i -- i didn't hear one republican house member running on the idea of race raising taxes or a grand bargain. what would the response be from ann coulter? [chuckles] >> i don't think republicans are that stupid, although pat caddell is always calling us the stupid party. running as democrat-lite is not going to work. i will give-- >>> what if he goes along with simpson-bowles for the good of the country because we are headed to tax-magedon. >> simpson-bowles would be better than anything obama can come up with. we may not like it. >> sean: they always say there will be tax reform. all tax reform is sneaky way of raising taxes. that's what it will be. >> which produces less revenue to the government. no, republicans in congress, look, they have to hold the line, not give the store away. what they should
a lot of people, john boehner came out and said, we open the door, he's willing to work on the grand bargain. bob woodward wrote a whole book about this and how far that boehner was willing to go and not telling his top surrogates how far he was willing to go, meaning raising taxes. did i -- i didn't hear one republican house member running on the idea of race raising taxes or a grand bargain. what would the response be from ann coulter? [chuckles] >> i don't think republicans are that...
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how did the dynamics change for john boehner? do you agree that he is more empowered two years later to go back to his caucus and strike a deal? >> reporter: i assume he is, but i don't know if he can do it. and that's a great -- you know, i think the next three months are going to be fascinating to watch. does boehner have the guts to go and bring a compromise deal to the house floor that won't get a majority of his republican conference? can he -- does he have the guts to do that if the senate comes up with a compromise that gets 65 votes, gets 10 republicans on board, does he have the guts to do something like that? i don't know. i mean, you know, another part of this republican hand wringing that i'm surprised we're not hearing about is, you know, a lot of the reasons why, for instance, republicans lost senate seats, didn't gain them, but lost them. forget what happened two years ago in 2010 when they didn't win as many as they could have. they lost senate seats, which is still the biggest surprise, i think, of this election.
how did the dynamics change for john boehner? do you agree that he is more empowered two years later to go back to his caucus and strike a deal? >> reporter: i assume he is, but i don't know if he can do it. and that's a great -- you know, i think the next three months are going to be fascinating to watch. does boehner have the guts to go and bring a compromise deal to the house floor that won't get a majority of his republican conference? can he -- does he have the guts to do that if the...
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it's whether speaker john boehner can keep his republican caucus under control. tea party members last time, most of them freshmen, scuttled a lot of things that could have been done. that's the real issue. i do believe the president and speaker boehner can have a good relationship, certainly much better than senator mcconnell. can speaker boehner get his own troops in line? that's the fundamental question. >> there is an argument to be made, will. the president is supposed to lead the country, use his bully pulpit to get things done. why can't he use his bully pulpit to bring the two sides together? >> it depends on his desire for that. you heard roland laugh and me say right because he's not going to do that because he doesn't want to do that. by the way he's going to create a new secretary of business he has talked about, some kind of business department above and beyond secretary of commerce. maybe there's a position there, but he's just not going to fill it with mitt romney. this morning there seems to be a love affair with the idea of compromise. fine. okay
it's whether speaker john boehner can keep his republican caucus under control. tea party members last time, most of them freshmen, scuttled a lot of things that could have been done. that's the real issue. i do believe the president and speaker boehner can have a good relationship, certainly much better than senator mcconnell. can speaker boehner get his own troops in line? that's the fundamental question. >> there is an argument to be made, will. the president is supposed to lead the...